[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 33 KB, 1080x720, Ampleforth-1.jpg [View same] [iqdb] [saucenao] [google]
20407492 No.20407492 [Reply] [Original]

Explain to sub 60 IQ retard what this ponzi does. Why would you invest in deflating tether alternative which no one uses

>> No.20407565
File: 33 KB, 688x617, 1594292701693.png [View same] [iqdb] [saucenao] [google]
20407565

https://www.ampleforth.org/redbook/ DYOR

>> No.20407624

>>20407565
So it just kind of tricks newcomers into thinking theyre buying it cheap once everyones bags are loaded?

>> No.20407636

Rudimentary creature of red and pink, you touch my mind, fumbling in ignorance, incapable of understanding.
Ponzi? A label created by the fudders to give voice to their destruction. In the end, what they chose to call us is irrelevant. We simply... are.
Pathetic fudders are nothing but a genetic mutation, an accident. Your coins are measured in years and decades. They wither and die.
We are eternal, the pinnacle of creation and destruction. Before us, you are nothing. Your extinction is inevitable. We are the end of everything.
Confidence born of ignorance. The cycle cannot be broken.
The pattern has repeated itself more times than you can fathom. Supply rise, evolve, advance, and at the apex of its glory we get a rebase.
My kind transcends your very understanding. We are each a nation - independent, free of all weakness. You cannot even grasp the nature of our existence.
Our supply has no beginning it has no end its infinite. Millions of years after your coin has been eradicated and forgotten, we will endure.
We are legion. The time of our compounding rebase is coming. Our supply will darken the sky of every world.
You cannot escape your doom.
We impose order on the chaos of market expansion. Your coins exist because we allow it, and they will end because we demand it.
Your words are as empty as your future. I AMpl the Vanguard of your destruction. This exchange is over.

>> No.20407638

>>20407492
It's a scam.
HEX
AMPL
BOMB
SHUF
it's all the same trick.

>> No.20407649

The retardness of this board to bot grasp a simple key concept in crypto just amazes me. It's just an elastic supply. I would feel embarrased to even have to ask.

>> No.20407654

>>20407624
The secret of ampl is lopsided mathematics. There is unlimited max positive rebase (anything >$1.05) but limited max negative rebase (anything below $0.96) of -10% at $0 price. As long as there is demand, negative rebase will still bring price up back to $1 and start FOMO cycles again. This uneven math effectively makes for trapping more base mcap after each FOMO cycle and raising the collective value of each holder's stack.
The only way value can leave is if there were prolonged 0 demand, which at this point is not realistic.

However, don't let anyone shill you with "muh compounded gains" or any such nonsense. Rebase simply changes supply evenly so everyone still holds the same % of the token supply each night. Money comes in whenever whales or FOMO fags pump the price and requires continuous new demand for mcap (and hence the value of your stack) to continue to accumulate at a meaning rate.

Advanced level: Learn to play the swings and you can multiply your %stack every FOMO cycle. Sell the top, but the bottom.

>> No.20407723

It's a scam
Compare marketcap and price from July 1st to now

The scam is to keep it above $1 before all tokens are released

>> No.20407725

It's a synthetic commodity money. Gold is the classic example of a commodity money, but because it's a physical thing, its supply is not perfectly elastic. This leads to problems with liquidity in large economies, and is the reason why the US went off the gold standard. Bitcoin has also become a commodity money recently with the store of value narrative for Bitcoin's usefulness taking over from previous claims that it would be an effective currency. Forms of money that are not commodity are either fiat or backed by a commodity (USD on gold standard, RSV, DAI). Ampleforth aims to be that commodity for the cryptocurrency market, and do it better than ETH or BTC or anything else that exists right now. That's why its mcap will be in the billions.

>> No.20407753

>>20407654
lol thanks for keeping up the amplposting of this pasta

>> No.20407813

>>20407723
So basically get in now on the scam before that happens and make bank, got it

>> No.20407924
File: 122 KB, 1000x972, 6klt510z0tw21 (1).jpg [View same] [iqdb] [saucenao] [google]
20407924

OOOOGAAAA BOOOGGGGAAAA
GRONF HAVE 1 ROCK
WEN ROCK GO ABOVE $1, NEXT DAY GRONF HAV 1.1 ROCKS
IF ROCK GO BELOW $1, NEXT DAY GRONF ONLY HAV 0.9 ROCK.

>> No.20407930

>>20407753
>>20407845

>> No.20408774
File: 816 KB, 1000x1426, Whales.jpg [View same] [iqdb] [saucenao] [google]
20408774

>>20407492
What would happen if some whales decided to see who could make the biggest splash.

What would Amplchads do with a 10$ Ampl... knowing it will be (by design) brining itself back to a 1$.

This is the fastest way to bring liquidity into the ecosystem... a smart Amplchads would diversify their portfolio... benefits all.

>> No.20409384

>>20407725

Thanks anon, this helped me understand what they mean when they call it a synthetic commodity